As the crypto industry waits for regulation in the U.S., CeFi has a trust dilemma. Increased transparency might be the way forward.
Household debt continues to rise, proof that more families are struggling to make ends meet, fintech industry executives believe.
Writing in Forbes Alex Lazarow of Cathay Innovation discusses the challenges of scaling of fintech startup in an emerging market;...
Factor 21 has done a management buyout with funding from Mobeus; the private equity firm provided a 9 million british pound funding line for the buyout; Jonathan Gregory of Mobeus will join Factor 21 as investor director; Factor 21 has been in business for over 15 years and has provided invoice funding of over 2 billion british pounds; the management buyout funding will help the firm grow business at its two regional offices. Source
SoFi has filed for two index fund ETFs that will waive management fees for the first year; some industry experts...
Banks enter era of ‘no regrets’ cost cutting U.S. Banking App For Freelancers Lili Secures $10 Million Through Seed Funding...
The Global Fintech 100 list by KPMG and H2 Ventures has been highly publicized and is a leading point of reference for the global fintech market; Lend Academy provides insight on this year's list in their article; the list includes companies from 23 countries with two groupings for established and emerging companies ranked by five factors; marketplace lending reported the greatest representation by category with 32 companies; by country China led the list with four of the top five rankings. Source
European based digital bank N26 has raised a new series D round of $300mn at a valuation of $2.7bn; Insight...
Meet Glint, a British fintech with an app and debit card that enables users to save, exchange, and spend in physical gold and multiple currencies.
Marcus, who joined Facebook in 2014 from PayPal, ran the Messenger service for years before moving over to form the company’s blockchain division in 2018.